Relief rally: Market ends 10-day skid, longest losing streak in 25 years, with auto, IT, FMCG leading the comeback

[ad_1] The recovery ended the longest losing streak witnessed by benchmark Nifty 50, its worst in more than 25 years. To be sure, doubts persist on whether this is just small cheer in an overall picture of decline for the markets. Several global indices, including Germany’s DAX, France’s CAC 40, Hong Kong’s Hang Seng, and…

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Can September series bring the long-awaited correction in Indian stock market? Fundamental and Technical experts answer

[ad_1] As the Indian stock market enters the September series, investors and analysts alike are closely watching whether this could finally be the month when the long-anticipated market correction occurs. With the Nifty and Sensex sitting at all-time highs, the market’s trajectory has been impressive, driven by strong domestic and global factors. Despite this historical…

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Markets likely to remain volatile; prioritise numbers over narratives, says Sushant Bhansali of Ambit Asset Management

[ad_1] Markets have been swinging between gains and losses in the last week. Even after an almost 2 percent fall in August so far, Sushant Bhansali, CEO, Ambit Asset Management, does not foresee any substantial correction in the market in the near future. Although, volatility could persist, driven by both domestic and global economic data,…

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Indian market achieves 8th consecutive week of gains, longest weekly winning streak in 14 years

[ad_1] Indian markets resumed their upward trajectory on Friday, rebounding from the heightened volatility triggered by the Union Budget 2024’s capital gains tax hike and an STT increase on derivatives. Despite less favorable global cues and foreign portfolio investors pulling out of Indian equities following the budget announcement, the indices staged a notable recovery. In…

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